EU Sustainable Finance Disclosure Regulation (2019/2088)

Applies to

EU financial market participants and financial advisers; indirectly relevant to non-EU issuers and managers marketing into the EU.

Key points

• Article 6 (no sustainability), Article 8 (E/S characteristics), Article 9 (sustainable investment objective).
• PAI indicators: 14 mandatory + at least one each from optional E and S lists.
• Anti-greenwashing focus following ESMA guidelines on fund names (May 2024).

Applicability triggers

• Indian AIF/PMS marketing into EU under reverse-solicitation or NPPRs.
• Indian issuer disclosing PAI data to EU asset-manager investors.

Practitioner questions

• Which PAI data will EU investors request from Indian portfolio companies?

Sources

• SFDR Regulation (EUR-Lex)